The mid-west OPR situation is a basket-case and the outlook is not bright for MMX to have any involvement in infrastructure or currently fund the development of crosslands.
At this price your buying the 'potential' of the dirt and there's lots of it and continued JV with Mitsu. Nothing else. It represents solid value on JORC V peers if you can continue to sit back and wait like most IO discovery.
MMX holders who have been on this long journey have been waiting for years and now we're back to square one. Cashed in on the high sentiments, sold on the way down or diluted through the trend back down to the dirt.
Based on peer production. What's a few more years.
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